14:50 - 14.11.2024

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November 14, Fineko/abc.az. The Central Bank of Azerbaijan (CBA), with the participation of the State Oil Fund, held a currency auction.

ABC.AZ reports with reference to the CBA that on November 14, at the currency auction, the demand of banks reached $39.7 million and was fully secured.

According to the CBA, this is $37.4 million (48.51%) less than at the last auction. At a foreign exchange auction on November 7, the CBA sold $77.1 million to banks.

Following the currency auction, the weighted average exchange rate was 1.7000 AZN/USD.